Integrity

Respecting Our Financial Assets:
Combatting Money Laundering and Terrorist Financing

Our Commitment

Our commitment to integrity extends beyond our Company to the global community. We take care of our funds and uphold the law by doing everything we can to prevent illegal activity.

Why It Matters

Money laundering is a process criminals and terrorists use to make criminal funds seem legitimate by hiding their true origins. Illegal funds are moved through legitimate businesses, like HARMAN, and may be used to fund illegal terrorist activities. That’s why it is so important to stay alert for signs of suspicious activity. We must protect our finances carefully.

How We Combat Money Laundering and Terrorist Financing

  • Pay close attention when working with customers and third parties, especially if the transaction involves cash payments.
  • Know who’s behind every transaction and only conduct business with reputable third parties.
  • Follow internal controls to prevent the theft, misuse and misappropriation of financial assets.
  • Report real or suspected fraud or the misuse of HARMAN financial assets.
  • Comply with the laws and regulations related to money laundering and funding criminal activities.
  • Contact the Legal & Compliance Department if you have questions or concerns.

Making Connections:

What Are Red Flags of Money Laundering and Terrorist Financing?

  • Withholding basic or complete information

  • Providing false information

  • Financial transactions that do not add up

  • Unusual payments in cash followed by request for refund in a different form of payment

  • Unusual requests about where to direct payments

  • Fund transfers to or from countries unrelated to the transaction

  • Asking for a payment to be broken into small amounts to avoid reporting thresholds

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